REG - Tertiary Minerals - Appointment of Exploration Manager, Zambia

Tertiary MineralsAnnouncement

29/09/2022 07:01

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RNS Number : 0658B  Tertiary Minerals PLC  29 September 2022

29 September 2022

 

Tertiary Minerals plc ("Tertiary" or "the Company")

 

APPOINTMENT OF EXPLORATION MANAGER, ZAMBIA

Tertiary Minerals plc is pleased to announce that it has retained the services
of Richard Belcher as its Exploration Manager for Zambia.

Richard is a multi-commodity, multi-disciplined explorationist with a strong
technical background and 19 years' post-PhD experience across all stages of
exploration with an emphasis on gold and base metals in Africa, including in
Zambia.

He has a proven capability from reconnaissance through to resource stage in
challenging environments and was most recently a senior consulting geologist
to Altus Strategies before its recent merger with Elemental Royalties.

Richard holds a BSc (Hons) Exploration Geology from Cardiff University (UK)
and a PhD from Stellenbosch University (RSA) and is a Chartered Geologist and
Fellow of the Geological Society of London.

Commenting today, Executive Chairman Patrick Cheetham said:

"This is a key appointment for the Company as we ramp up our exploration in
Zambia. Richard will be leading the collaboration with major Zambian copper
producer First Quantum Minerals that we announced earlier this month.

We look forward to working with Richard and with FQM and to our first joint
technical meeting with FQM which is due to be held next week."

 

For more information please contact:

 Tertiary Minerals plc:
 Patrick Cheetham, Executive Chairman      +44 (0) 1625 838 679
 SP Angel Corporate Finance LLP

 Nominated Adviser and Broker
 Richard Morrison                          +44 (0) 203 470 0470
 Caroline Rowe
 Peterhouse Capital Limited

 Joint Broker
 Lucy Williams        + 44 (0) 207 469 0930
 Duncan Vasey

 

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 which forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this
announcement via a Regulatory Information Service ('RIS'), this inside
information is now considered to be in the public domain.

 

About Tertiary Minerals plc

Tertiary is exploring for copper and precious metals in Nevada, USA, and in
Zambia through local subsidiary Tertiary Minerals (Zambia) Limited ("TMZ")
which is 96% owned by Tertiary Minerals plc. TMZ has the right to acquire up
to a 90% interest in five licences held by local company and licence holder
Mwashia Resources Ltd, two of which are subject to a technical collaboration
with First Quantum Minerals as announced on 15 September 2022 .

Further details of Tertiary's agreements with Mwashia are given in the
Company's news releases of 2 August 2021 and 18 November 2021.

 

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